Remove Due diligence Remove Hard money loan Remove Renovation
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10 Smart Strategies to Expand Your Real Estate Portfolio in 2025

Marco Santarelli

Market Research and Due Diligence: The real estate market is dynamic and constantly changing. Conducting due diligence is essential before committing to a purchase. It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits.

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How to Find & Buy for Sale by Owner (FSBO) Homes in 6 Steps

The Close

It’s also essential to verify all information provided by the homeowner with proper due diligence to ensure your investment decision is well-informed and data-backed. Various financing options exist for FSBO properties, like traditional mortgages, hard money loans, and private investors.

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How To Become A Real Estate Mogul or Multi-Millionaire?

Marco Santarelli

How much does it cost to perform various renovations, and how will you keep costs down without sacrificing quality? Don’t build a business plan that relies on you working for free to renovate properties. Do your due diligence. Suppose you’ve bought, renovated, and flipped the first investment property.

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How To Make Money In Real Estate And Get Rich?

Marco Santarelli

Then you don’t end up cutting into your cash flow with high-interest hard money loans to pay for the little repairs needed to legally rent out the unit or hit your credit cards to pay contractors. Save up enough money for your next renovation or down payment. Don’t rush out to buy a bunch of properties.

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Cheap Investment Properties: How to Find Them?

Marco Santarelli

Cheap doesn't mean dilapidated: While properties requiring renovations can offer significant discounts, avoid equating “cheap” with uninhabitable. A structurally unsound building can quickly become a money pit, negating any initial cost savings. Shop around for competitive interest rates and loan terms.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

“Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? Inflation has had a big impact on renovating a house and that is something flippers have to take into consideration when creating a budget, Wise adds. I determine what is the most I can get out of it.

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Pasadena Housing Market: Prices,Trends, Forecast 2023

Marco Santarelli

Fix-and-flip properties can be profitable for investors who have the skills and resources to renovate homes and sell them for a profit. Rental property can be a profitable and rewarding investment strategy for real estate investors who are willing to do their due diligence and carefully manage their properties.